INCOME STATEMENT (Quarterly GAAP In millions $) |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
(Sep 30 2022) III. Quarter |
Interest and Fee Income, Loans and Leases |
7.65 |
6.99 |
6.37 |
5.86 |
5.37 |
Other Income |
4.07 |
4.13 |
3.94 |
3.96 |
2.70 |
Total Interest Income |
11.71 |
11.12 |
10.30 |
9.83 |
8.07 |
Interest Expense, Deposits |
0.78 |
0.64 |
0.32 |
0.06 |
0.03 |
Interest Expense, Short-term Borrowings |
0.01 |
0.01 |
0.01 |
-0.65 |
0.00 |
Other Intrest Expenses |
2.74 |
2.40 |
2.13 |
2.51 |
0.82 |
Total Interest Expense |
3.53 |
3.05 |
2.46 |
1.93 |
0.85 |
Net Interest Income |
8.18 |
8.07 |
7.85 |
7.90 |
7.21 |
Provision
for loan losses |
0.60 |
0.10 |
0.28 |
-0.35 |
-1.51 |
Total Net Interest Income |
7.58 |
7.97 |
7.56 |
8.25 |
8.72 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
- |
- |
- |
- |
- |
Revenue From Contract With Customer Including Assessed Tax |
- |
- |
- |
-0.86 |
0.32 |
Profit (Loss) from Real Estate Operations |
- |
- |
- |
- |
- |
Other Noninterest Income |
0.15 |
0.09 |
0.20 |
-0.03 |
0.14 |
Other Noninterest Income Expense |
- |
- |
- |
- |
- |
Interest Earning Deposits With Banks And Federal Funds Sold |
- |
- |
- |
- |
0.73 |
Service Charges On Deposit Accounts |
- |
- |
- |
- |
0.28 |
Provision For Recovery Of Loan Lease And Other Losses |
- |
- |
- |
- |
- |
Interest Income Securities State And Political Subdivisions Tax Exempt |
- |
- |
- |
- |
- |
Interest Income Securities State And Political Subdivisions Taxable |
- |
- |
- |
- |
- |
Income On Supplemental Executive Retirement Plan Gain Loss |
- |
- |
- |
- |
-0.07 |
Income Loss From Mortgage Banking |
- |
- |
- |
- |
0.82 |
Provision For Credit Losses |
- |
- |
- |
- |
- |
Other Non-Interest Income |
0.10 |
0.30 |
0.40 |
2.12 |
-0.35 |
Interest Expense Time Deposits250000 Or More |
0.72 |
0.50 |
0.30 |
0.20 |
0.03 |
Interest Expense Interest Checking And Money Market Accounts |
1.56 |
1.49 |
1.42 |
1.20 |
0.43 |
Expense On Supplemental Executive Retirement Plan Gain Loss |
-0.02 |
0.32 |
-0.34 |
0.38 |
-0.07 |
Total Noninterest Income |
2.52 |
2.69 |
1.98 |
3.01 |
2.24 |
Total Revenues |
10.10 |
10.65 |
9.54 |
11.27 |
10.96 |
Salaries & employee benefits, SGA |
0.31 |
0.34 |
0.38 |
9.52 |
0.36 |
Foreclosed Real Estate Expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
0.46 |
0.43 |
0.45 |
0.00 |
0.42 |
Professional Fees and Commission |
0.27 |
0.18 |
0.26 |
-0.03 |
0.22 |
Policyholder Benefits and Claims Incurred, Net |
- |
- |
- |
- |
- |
Supplies Expense |
- |
- |
- |
- |
- |
Federal Deposit Insurance Corporation Premium Expense |
0.12 |
0.12 |
0.12 |
0.06 |
0.08 |
Other Noninterest Expense |
0.59 |
0.59 |
0.58 |
0.57 |
0.60 |
Electronic Banking Expense |
0.14 |
0.14 |
0.13 |
0.13 |
0.12 |
Other loss/ -income |
5.50 |
6.05 |
5.20 |
-2.41 |
5.59 |
Total Operating
Expenses |
7.39 |
7.85 |
7.12 |
7.83 |
7.40 |
Total Costs & Expenses |
10.92 |
10.90 |
9.58 |
9.76 |
8.25 |
Income /-loss before income taxes |
2.71 |
2.80 |
2.43 |
3.43 |
3.56 |
Income taxes expenses/-benefit |
0.56 |
0.58 |
0.47 |
0.49 |
0.74 |
Income after income taxes |
2.15 |
2.22 |
1.95 |
2.94 |
2.83 |
Net income/-loss
of other equity |
- |
- |
0.00 |
- |
0.00 |
Income /-loss after income taxes |
2.15 |
2.22 |
1.95 |
2.94 |
2.83 |
Stockholders Equity Attributable to Noncontrolling Interest |
-0.14 |
-0.14 |
-0.14 |
-0.14 |
-0.14 |
Discontinued Operations |
- |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
- |
Net Income/-loss |
2.15 |
2.22 |
1.95 |
2.94 |
2.83 |
Noncontrolling interests |
-0.14 |
-0.14 |
-0.14 |
-0.14 |
-0.14 |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
2.01 |
2.08 |
1.82 |
2.80 |
2.68 |